Err does it look to anyone else like Globex is about to go down....
I'm having a fine day. You get 200 chances to make each entry and exit... it's no good for trend following tho.
Not really, price is now precisely where it was before that nonsense...
So I'll bite.. what was the news this time?
25% a month is pretty impressive... If you hold a max of 4 positions, do you put a full 25% of your capital into each, or do you make...
Fundamentals are working strongly in favor of some commodities (wheat, copper, etc.). These could keep going up for years unless global demand...
Well there you go, too bad I took a 1 tick profit on the re-entry when PA made me nervous... moving my stop up too quickly is a big problem for...
Closed at 26.25, I think there could be a pullback to maybe 24, maybe a re-reversal... or maybe not, re-entered at 26.
Same :) think we can get to 30?
The sad thing is that I was looking for that breakdown on the 60min all day, but didn't figure to take a long-term short around 2pm...
I was long from 23.25 as well, it looked like we might get a slight move up there (maybe the "3pm reversal") but I suppose not...
Hmm, looks like a reversal? Maybe we won't see 1350 after all :D
Lol what was the news? Evidently some people got it beforehand as there was a massive divergence on the RSI at the double bottom....
FWIW I also think that there will be a retrace either to ~1348 or ~1357.
Might as well try and revive this thread since I have a question... I have been using volume bars for some time as I found that the price...
Of course, these two objectives are one and the same. We were attacked on 9/11 because we followed a certain set of policies: keeping a garrison...
Why on earth should the currency be pegged to a completely arbitrary value, like the supply of gold? The gold standard creates many of its own...
Sorry about the wrist issue Clown, I certainly hope you can continue the journal as I very much enjoy reading it :)
I think that RSI is most useful when the price hits a high and RSI peaks lower, or hits a low and it peaks higher. Especially if it hits a...
RSI was mentioned earlier, I don't use it for overbought/oversold readings but it's useful to get another view on trends. TL breaks/holds seem to...
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